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GG Engineering Right Issue Details 2022, Entitlement, Record Date

Right Issue Status: Closed [22nd Aug 2022 to 7th Sep 2022]

Rated 3.5/5 by Team InvestorGain

GG Engineering Right Issue Detail

GG Engineering Right Issue of Rs 49.96 Cr opens for subscription from August 22 to Sept 07, 2022. The company issues 35 right equity shares for every 13 fully paid-up equity shares held on the record date, 10 August 2022. The face value of a share is Rs. 1 per share and the right issue price is fixed at Rs. 1.80 per share including Re 0.80 as share premium. The full amount of Rs 1.80 is paid at the time of application. Stay updated with us to know more about the GG Engineering Right Issue Details 2022 including issue size, right issue entitlement, terms of payment, and more.

GG Engineering Right Issue Objective

  • To meet out the working capital requirements.
  • General Corporate Purposes.
  • To meet out Issue Expense,

GG Engineering Right Issue Details

GG Engineering Issue Details Values
Category RightIssue
Right Issue Issue Size (Shares) 277,578,135
Right Issue Issue Size (Amount) ₹49.96 Cr
Face Value ₹1 Per Equity Share
Right Issue - Issue Price ₹1.80 per share
Right Issue Record Date 10th Aug 2022
Right Issue Entitlement 35 Rights Equity Share for every 13 Equity Shares held on the Record Date
Right Issue Terms of payment The full amount of ₹1.80 per share has to be paid at the time of Application.
Listing At BSE
BSE Code 540614
NSE Code

GG Engineering Right Issue Dates

In this section we have covered all important dates related to GG Engineering Right Issue. Dates are updated as they are announced. The most noted dates are Right Issue start date and Right Issue end date, which one should use to participate in Right Issue.

GG Engineering Right Issue important dates
Right Issue Activity Date
Right Issue Issue Open Date 22nd Aug 2022
Right Issue Issue Close Date 7th Sep 2022
Basis of Allotment Finalisation Date* 13th Sep 2022
Refunds Initiation* 14th Sep 2022
Credit of Shares to Demat Account* 15th Sep 2022
Right Issue Listing Date*

* - Tentative Dates

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About Company - GG Engineering

GG Engineering Ltd was established to cater to the rising demand for sheet metal and heavy steel products. The company supplies industrial engines for various applications, marine engines, and spare parts for diesel Genset to the local and International markets. It has recently launched India’s first fully-automated and smart Reverse Vending Machines (RVMs) to enable environment-friendly disposal of plastic and other wastes as users get rewards in return.

GG Engineering Financials for past 3 Years

Past performance and financial results of GG Engineering.

GG Engineering financial
GG Engineering Limited Financials (₹ in Cr) 31-Mar-2022 31-Mar-2021
Total Assets ₹18.77 ₹26.82
Total Income ₹15.14 ₹527.76
Net Profit/Loss ₹-0.24 ₹0.17

GG Engineering Right Issue Live Subscription (NSE + BSE)

The table below is live update of Right Issue bidding details from NSE and BSE.

    Company Address

    GG Engineering Limited
    Office No.: 203, 2nd floor, Shivam Chambers Premises CS Ltd., Near Sahara India, CTS No. 39, S.V. Road, Goregaon West
    Mumbai,Maharashtra-400104
    India
    Website: https://www.ggengg.in/
    Phone: +91 22 49241267
    Email: [email protected]

    Registrar

    Kfin Technologies Limited
    KFintech, Tower-B, Plot No 31 & 32,
    Financial District, Nanakramguda, Gachibowli,
    Hyderabad, Telangana India - 500 032.
    Website: https://kosmic.kfintech.com/ipostatus/
    Phone: 04067162222, 04079611000
    Email: [email protected]

    Lead Manager

    GG Engineering Right Issue Offer Document (Letter of Offer) >>Document

    GG Engineering Right Issue Offer Document (Letter of Offer) >>GG Engineering Right Issue Red Herring Prospectus is not yet available.

    GG Engineering Right Issue Online Application (Registrar & Transfer Agent) >>Online Application

    GG Engineering Right Issue Online Application (Registrar & Transfer Agent) >>GG Engineering Right Issue RTA information is not yet available.

    GG Engineering Right Issue Important dates - Issue Open Date, close Date, Right Issue Listing Date. Right Issue Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, Right Issue Listing date. What is the issue open date and close date for GG Engineering? Should I apply in GG Engineering Right Issue?

    Last Updated on 2022-09-10T01:21:55+00:00


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